Company / R&D Expense
Semtech Corporation R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$196.3M
FY2025
5-year range
$147.9M / $196.3M
FY2021-FY2025
Trend
+14.9%
vs FY2024
Sector context
#117 of 249
Information Technology
What the data says
At $196M, Semtech Corporation's r&d expense ranks #117 of 249 in the Information Technology sector. R&D Expense has fluctuated over the past 10 years, ranging from $103M in FY2016 to $196M in FY2025.
Based on SEC 10-K filings.
$196M in FY2025 with a 5-year CAGR of +10.8%.
Improved from $186M to $196M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +5.6%
- 5-Year CAGR
- +10.8%
- 10-Year CAGR
- -
Sector benchmark
#117 of 249 in Information TechnologyTop 47% of 249This company $196.3M Sector average $950.3M
▼
-79.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +10.8%, indicating consistent growth.
- In FY2025, r&d expense increased 14.9% year-over-year.
- Ranks #117 out of 249 companies in the Information Technology sector.
- Lowest r&d expense in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 1.01 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $196.3M | +14.9% |
| FY2024 | $170.9M | -8.3% |
| FY2023 | $186.4M | +11.7% |
| FY2022 | $166.9M | +12.9% |
| FY2021 | $147.9M | +25.9% |
| FY2020 | $117.5M | +9.5% |
| FY2019 | $107.4M | -1.5% |
| FY2018 | $109.0M | +3.8% |
| FY2017 | $105.1M | +2.5% |
| FY2016 | $102.5M | -9.9% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026